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Charles Schwab to dual list on Texas Stock Exchange

Original: Charles Schwab adding dual listing to Texas Stock Exchange

Charles Schwab says it will add a dual listing on the new Texas Stock Exchange, the Dallas-based venue being built as a challenger to the NYSE and Nasdaq. The brokerage becomes one of the exchange's most prominent early backers, a signal of growing momentum for Texas's push to build a serious alternative hub for US listings.

Why now: A major brokerage publicly backing a new challenger exchange is a notable milestone in efforts to rival NYSE and Nasdaq.

Charles SchwabTexas Stock ExchangeNYSENasdaqTexas

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